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34th session of IMO Assembly begins

London – IMO Secretary-General Arsenio Dominguez welcomed delegates from Member States to IMO headquarters this morning as they gather in London for the 34th session of the IMO Assembly which concludes on December 3. The Assembly is the highest Governing Body of the IMO, consisting of all Member States, responsible for approving the work programme, voting […]

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Trump administration launches expansive national offshore leasing program

The U.S. Department of the Interior has replaced a “restrictive” Biden administration program with a massive overhaul through a new, expansive 11th National Outer Continental Shelf Oil and Gas Leasing Program. The Department of the Interior announced a Secretary’s Order titled “Unleashing American Offshore Energy,” directing the Bureau of Ocean Energy Management to take the

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Canada unveils investments totalling $6 billion to strengthen Canada’s trade and transportation infrastructure

The Canadian government today announced two trade infrastructure funds, including one covering Arctic projects, to unlock new export opportunities and build a more resilient, diversified economy. From Brampton, Ontario, Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons and Maninder Sidhu, Minister of International Trade, announced the trade infrastructure

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LOGISTEC wins IBJ award for Best Specialist Dry Bulk Terminal at Port Redwing, Florida

LOGISTEC, a leading North American marine and logistics services provider, is proud to announce that it has received the Best Specialist Dry Bulk Terminal Award at the 2025 International Bulk Journal (IBJ) Awards ceremony held in Liverpool, UK. This award recognizes LOGISTEC’s exceptional dry bulk cargo handling operations at its Port Redwing terminal in Florida,

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Study warns that “safe zones” from climate change in Australia’s marine life may disappear within 15 years

Washington — Australia’s most protected marine habitats are likely to suffer extreme impacts from climate change by 2040. According to a new study released by the American Geophysical Union even under optimistic climate scenarios, ocean conditions considered extreme today will become the new normal in Australian waters in just 15 years, increasing threats to thousands of

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Clean Arctic Alliance welcomes black carbon pledge by 9 countries, including Canada

With just two weeks to submit a plan for cutting black carbon emissions in the Arctic, International Maritime Organization member states – led by Arctic governments – should take the lead from a high-level announcement made by several governments – including Canada – at COP30 on sectoral action to tackle black carbon emissions from commercial and residential energy

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Global crude tanker order book hits nine-year high

The global crude tanker sector is experiencing its biggest shipbuilding boom in nearly a decade. The order book-to-fleet ratio has soared to 14.1 percent, its highest level since 2016, according to the latest BIMCO latest analysis “Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March

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Single loose wire on Dali at origin of blackout which provoked collision with Baltimore bridge

The National Transportation Safety Board has determined that a single loose wire on the 984-foot-long containership Dali caused an electrical blackout that led to the giant vessel veering and contacting the nearby Francis Scott Key Bridge in Baltimore, which then collapsed, killing six highway workers.  At Tuesday’s public meeting at NTSB headquarters in Washington, investigators

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Maersk chooses Charlotte, North Carolina for its North American Headquarters

CHARLOTTE, NC — A.P. Moller-Maersk (Maersk) announced today that it has selected Charlotte for its official North America headquarters, committing to add more than 500 jobs to Its current Charlotte-based workforce over the next several years, ultimately bringing its Charlotte workforce to more than 1300. Maersk has had a corporate presence in Charlotte for more than two

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Suez Canal Container Terminal celebrates 2.2 million TEU-expansion

The Suez Canal Container Terminal (SCCT) in Egypt has inaugurated its major expansion, adding new capacity and jobs to East Port Said. The ceremony, attended by His Excellency President Abdel Fattah El-Sisi, marked the official opening of the USD 500 million terminal upgrade. The expansion adds 955 metres of new quay and 510,000 m² of

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